Monday, September 5, 2016

Financial Advice for the UAE: New Gratuity Regulations

Are you an Employer or an Employee? Need help before the Authorities fine your company for not complying when they do a spot visit? Let me know!

 

GREG POGONOWSKI

www.yourmoney-matters.net

email: greg@yourmoney-matters.com

 

 

Wednesday, August 31, 2016

Book Today with 10% return (Jumeirah Village Circle)

Bloom Heights (Jumeirah Village Circle)

Jumeirah Village is a residential and commercial community featuring a mixture of Arabic and Mediterranean villas and stylish townhouses.

     Covering two distinct areas - the Triangle and the Circle -Jumeirah Village comprises a variety of residences, offices,commercial,retail,andleisurefacilities,spreadover 811hectares. Jumeirah Village offers residents a real senseof community living. Coming soon to Jumeirah Village are two new Nakheel retail developments: Al Khail Avenue at Jumeirah Village Triangle and The Circle Mall at Jumeirah Village Circle.

     The Circle Mall at Jumeirah Village Circle, covering one million sq ft, will have 200 shops, an anchor supermarket, two department stores, a multi-screen cinema and a variety of dining outlets including a food court. Strategically located between Sheikh Mohammed Bin Zayed Road, Al Khail Road and Hessa Street, The Circle Mall will serve hundreds of thousands of people living in Jumeirah Village and surrounding areas, and act as a new leisure destination for residents and tourists across the rest of Dubai. The mall is due to open in 2017.

     Al Khail Avenue at Jumeirah Village Triangle, located alongside Dubai's Al Khail Road, is a 3.6 million square foot retail, dining and entertainment hub with 350 shops, a multi-screen cinema and a diverse range of cafes and restaurants - some with outdoor dining areas. There will also be a multi-storey car park with 4,400 spaces. Due to open in 2018, Al Khail Avenue will provide convenient, on-the-doorstep shopping and entertainment for people in Jumeirah Village, Jumeirah Park and other nearby communities, and a new destination for the residents and tourists across Dubai and the other emirates.

Key Facts:

  • Two Connected Plots (Tower A & Tower B).
     -Tower A (G + 33 including 6 Podium levels of parking and facilities).
     - Facilities include Gym, Swimming Pools, BBQ Area.
  • Residential units from 5th till 33rd flr.
  • Typical floors from 5th - 19th (Lower) & from 20th to 33rd (Upper).
  • Lower Floors: 6 Studios, 6 One Bedrooms & 2 Two Bedrooms.
  • Upper Floors: 5 Studios, 6 One Bedrooms, 1 Two Bedrooms & 1 Three Bedrooms.
  • Prices of Studios from AED 370,000, 1 Bedroom AED 643,000, 2 Bedroom AED 911,000 & 3 Bedroom AED 1,288,000.
  • 4% of purchase price payable to Dubai Land Department (Transfer Fee).
  • Oqood registration Fee (TBC).

ROI Projection:

  • Service Charge Approx. 11AED/sqft.
  • Expected Rent is less than the current rent average.
  • Price is based on the starting price.

 Type Starting Price   Expected Rent  Service Charge ROI 
 Studio  AED 370,000  AED 50,000  AED 5,000  11.4%
 1 Bed  AED 638,000  AED 65,000  AED 7,000  9.1%
 2 Beds  AED 911,000  AED 95,000  AED 11,000  9.2%
 3 Beds  AED 1,288,000  AED 110,000  AED 14,000  7.5%

Bloom Heights Availability:

 Unit Type  Unit Code Parking Allocation  View  Total Area  Sales Pricce 
 Studio A-1601 1  Swimming Pool 36.31 368,000
 Studio A1607  1  Boulevard  36.71  369,000 
 Studio A-1608  1  Boulevard  38.8  380,000 
 Studio A-1611  1  Swimming Pool  35.38  371,000 
 Studio A-1612  1  Swimming Pool  37.69  382,000 
 Studio A-1613  1  Swimming Pool  37.72  383,000 
1 Bedroom  A-1602 1  Swimming Pool 67.72 656,000
1 Bedroom A-1604  1  Boulevard  69.26  637,000 
 1 Bedroom A-1605  1  Bloulevard  69.55  640,000 
 1 Bedroom A-1606  1  Boulevard  69.88  644,000 
 1 Bedroom A-1610  1  Swimmng Pool  77.47  777,000 
 1 Bedroom A-1614  1  Swimming Pool  67.63  649,000 
 2 Bedrooms  A-1603 1  Boulevard  99.54  956,000 
 2 Bedrooms A-1609  1  Boulevard  98.45  930,000 
 2 Bedrooms A-1703  1  Boulevard  99.37  958,000 
           

Payment Plans:

1) Standard Payment Plan

  • 10% Down Payment (+4% Oqood Registration)
  • 25% (5% Payments that are construction progress linked)
  • 65% at Handover

2) 100% Upfront Payment

  • 2% Discount on Sales Price Payment

Payment Plan

  • (100% on booking of unit + 4% Oqood Registration)

3) Post Handover Plan

  • 5.8% Premium in Sales price

Payment Plan:

  • 10% Down Payment (+4% Oqood Registration)
  • 25% (5% Payments that are contruction progress linked)
  • 25% at Handover
  • 40% Post Handover over two years (1,5%  every month + 4% payment with the last installment)

Location:

Click the link for Brochure: https://files.acrobat.com/a/preview/91ebebf2-e175-4e53-8697-dc011315e169
Click the link for Floor Plans: https://files.acrobat.com/a/preview/30301be3-400a-4905-8937-5d3e3133c879

For more information on availability and how to book, kindly email your contact number and passport.

?Best regards

Hamdy Mounir
Director
+971 55 553 0814
hamdy.mounir@gmail.com
hamdy@colossalrealestate.com

 


Tel: + 971 44 53 1977 | Fax: +971 44 53 1990

Office#402, Sama Building, Al Barsha
P. O. Box - 38144, Dubai, U.A.E.
info@colossalrealestate.com 
www.colossalrealestate.com 
RERA ORN: [12367]

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Tuesday, August 30, 2016

Thursday, August 25, 2016

Financial Advice for the UAE: Company Pensions

Do you STILL have money in a Pension scheme of your ex-employer in the UK?

Do you know someone who has?

Did you see what has happened to one of the largest schemes recently: BHS………Peter Green……….?

Let me help you before it is too late!

 

GREG POGONOWSKI

www.yourmoney-matters.net

email: greg@yourmoney-matters.com

 

 

Wednesday, August 24, 2016

RE: UAE Financial Advice: Pension Scams

http://yourmoney-matters.net/uae-financial-advice-pension-scams/

 

https://twitter.com/chelsea_greg

 

https://www.linkedin.com/pulse/uae-financial-advice-pension-scams-greg-pogonowski?published=t

 

 

 

From: Greg Pogonowski [mailto:greg@yourmoney-matters.com]
Sent: Wednesday, August 24, 2016 4:19 PM
To: chelsea.gregp.chelsea@blogger.com
Subject: UAE Financial Advice: Pension Scams

 

Are you under the age of 55? Have you been approached? If so, please contact me now for help before your money disappears………

 

GREG POGONOWSKI

www.yourmoney-matters.net

email: greg@yourmoney-matters.com

 

 

UAE Financial Advice: Pension Scams

Are you under the age of 55? Have you been approached? If so, please contact me now for help before your money disappears………

 

GREG POGONOWSKI

www.yourmoney-matters.net

email: greg@yourmoney-matters.com